Bihar Sponge Iron Ltd - 500058 - Board Meeting Outcome for Audited Financial Results For The 4Th Quarter And Year Ended 31St March, 2026 And Outcome Of Board Meeting Held On 29Th May, 2026
Bihar Sponge Iron reported Q4 FY26 revenue of ₹16.92 cr (down 82.8% YoY) and net profit of ₹1.25 cr (down 62.8% YoY). Auditors issued a qualified opinion, highlighting unresolved penalties and legal disputes, including an IBC demand notice from Agarwal Coal Corporation.
May 29 2026 17:20:23
Bihar Sponge Iron Ltd - 500058 - Audited Financial Results For The 4Th Quarter And Year Ended 31St March, 2026, Outcome & Disclosure Of Board Meeting Held On 29Th May, 2026
Bihar Sponge Iron is facing an insolvency petition filed by Agarwal Coal Corporation Private Limited at NCLT Kolkata for unpaid operational debt. The company's FY26 results were heavily impacted by audit qualifications, turning a reported Rs. 11.33 crore profit into an Rs. 82.30 crore net loss and worsening its net worth.
May 29 2026 17:17:17
Bihar Sponge Iron Ltd - 500058 - Board Meeting Intimation for Inter-Alia To Consider And Approve The Audited Financial Results For The 4Th Quarter And Year Ended 31St March, 2026.
Bihar Sponge Iron's Board of Directors is scheduled to meet on May 29, 2026. The primary agenda is to consider and approve the audited financial results for the fourth quarter and the full financial year ended March 31, 2026.
May 21 2026 11:47:37
Bihar Sponge Iron Ltd - 500058 - Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Bihar Sponge Iron has filed a commercial case against Vanraj Steels Private Limited and others in the Commercial Court. The company seeks declaratory and injunctive reliefs to protect its interests from potential liabilities and claims arising from Vanraj Steels' operations.
May 14 2026 15:59:02
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